Cummins Stock Probability Of Bankruptcy

CMI Stock

USD 375.27 2.65 0.71%

Cummins' odds of distress is below 1% at the present time. The company is very unlikely to encounter any financial hardship in the next two years. Probability of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Cummins balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Cummins Piotroski F Score and Cummins Altman Z Score analysis.

For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.

The Cummins' current Market Cap is estimated to increase to about 29.8 B. The Cummins' current Enterprise Value is estimated to increase to about 31.3 B

Cummins Company probability of distress Analysis

Cummins' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Cummins Probability Of Bankruptcy

Less than 1%

Most of Cummins' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cummins is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Cummins probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Cummins odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Cummins financial health.

Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.277

Dividend Share

6.86

Earnings Share

15.28

Revenue Per Share

245.499

Quarterly Revenue Growth

0.003

The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Intangible Assets	Current Deferred Revenue	Good Will	Long Term Debt	Treasury Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.86	0.86	0.96	0.99	0.99	0.99	0.83	0.99	0.12	0.92	0.89	0.93	0.91	-0.9	0.97	0.84	0.13	0.93	0.89	0.73	0.77	0.66	0.84	-0.02	-0.64
Total Stockholder Equity	0.86		0.51	0.88	0.87	0.76	0.9	0.53	0.8	0.54	0.62	0.55	0.61	0.64	-0.73	0.81	0.61	0.55	0.67	0.75	0.48	0.52	0.47	0.54	0.08	-0.35
Net Debt	0.86	0.51		0.78	0.83	0.92	0.79	0.96	0.89	-0.27	0.97	0.94	0.96	0.89	-0.79	0.88	0.76	-0.32	0.89	0.77	0.87	0.67	0.53	0.91	-0.24	-0.69
Retained Earnings	0.96	0.88	0.78		0.95	0.93	0.95	0.75	0.95	0.28	0.82	0.83	0.85	0.85	-0.96	0.94	0.83	0.2	0.87	0.91	0.69	0.77	0.68	0.77	0.14	-0.47
Net Receivables	0.99	0.87	0.83	0.95		0.97	0.98	0.8	0.98	0.17	0.9	0.84	0.9	0.84	-0.87	0.96	0.8	0.15	0.87	0.86	0.71	0.73	0.58	0.78	-0.08	-0.63
Total Liab	0.99	0.76	0.92	0.93	0.97		0.96	0.87	0.99	-0.03	0.96	0.94	0.97	0.94	-0.89	0.97	0.87	0.0	0.96	0.88	0.77	0.81	0.67	0.89	-0.05	-0.7
Total Current Assets	0.99	0.9	0.79	0.95	0.98	0.96		0.77	0.96	0.2	0.86	0.83	0.87	0.88	-0.87	0.94	0.83	0.23	0.91	0.88	0.68	0.75	0.67	0.81	0.04	-0.59
Short Term Debt	0.83	0.53	0.96	0.75	0.8	0.87	0.77		0.87	-0.12	0.95	0.84	0.92	0.83	-0.77	0.81	0.7	-0.34	0.83	0.79	0.96	0.54	0.5	0.93	-0.21	-0.52
Accounts Payable	0.99	0.8	0.89	0.95	0.98	0.99	0.96	0.87		0.08	0.94	0.9	0.95	0.89	-0.9	0.96	0.83	0.01	0.91	0.89	0.78	0.76	0.63	0.85	-0.05	-0.62
Common Stock	0.12	0.54	-0.27	0.28	0.17	-0.03	0.2	-0.12	0.08		-0.17	-0.29	-0.19	-0.16	-0.21	0.01	0.0	0.58	-0.15	0.18	-0.03	-0.16	0.03	-0.16	0.41	0.56
Intangible Assets	0.92	0.62	0.97	0.82	0.9	0.96	0.86	0.95	0.94	-0.17		0.92	0.99	0.9	-0.8	0.91	0.77	-0.22	0.91	0.81	0.86	0.69	0.55	0.91	-0.24	-0.71
Current Deferred Revenue	0.89	0.55	0.94	0.83	0.84	0.94	0.83	0.84	0.9	-0.29	0.92		0.95	0.96	-0.84	0.91	0.84	-0.15	0.96	0.79	0.72	0.83	0.69	0.89	-0.04	-0.75
Good Will	0.93	0.61	0.96	0.85	0.9	0.97	0.87	0.92	0.95	-0.19	0.99	0.95		0.92	-0.85	0.92	0.82	-0.21	0.93	0.84	0.81	0.8	0.63	0.9	-0.14	-0.72
Long Term Debt	0.91	0.64	0.89	0.85	0.84	0.94	0.88	0.83	0.89	-0.16	0.9	0.96	0.92		-0.85	0.9	0.85	-0.04	1.0	0.84	0.72	0.81	0.79	0.93	0.1	-0.66
Treasury Stock	-0.9	-0.73	-0.79	-0.96	-0.87	-0.89	-0.87	-0.77	-0.9	-0.21	-0.8	-0.84	-0.85	-0.85		-0.86	-0.85	0.0	-0.84	-0.93	-0.74	-0.8	-0.74	-0.8	-0.25	0.36
Property Plant Equipment	0.97	0.81	0.88	0.94	0.96	0.97	0.94	0.81	0.96	0.01	0.91	0.91	0.92	0.9	-0.86		0.77	0.13	0.92	0.83	0.7	0.76	0.57	0.79	-0.13	-0.71
Short Term Investments	0.84	0.61	0.76	0.83	0.8	0.87	0.83	0.7	0.83	0.0	0.77	0.84	0.82	0.85	-0.85	0.77		-0.05	0.86	0.81	0.6	0.87	0.79	0.82	0.25	-0.54
Net Tangible Assets	0.13	0.55	-0.32	0.2	0.15	0.0	0.23	-0.34	0.01	0.58	-0.22	-0.15	-0.21	-0.04	0.0	0.13	-0.05		0.0	-0.04	-0.41	-0.02	-0.02	-0.26	0.25	0.07
Long Term Debt Total	0.93	0.67	0.89	0.87	0.87	0.96	0.91	0.83	0.91	-0.15	0.91	0.96	0.93	1.0	-0.84	0.92	0.86	0.0		0.84	0.71	0.82	0.77	0.91	0.06	-0.7
Long Term Investments	0.89	0.75	0.77	0.91	0.86	0.88	0.88	0.79	0.89	0.18	0.81	0.79	0.84	0.84	-0.93	0.83	0.81	-0.04	0.84		0.81	0.75	0.75	0.87	0.15	-0.38
Short Long Term Debt	0.73	0.48	0.87	0.69	0.71	0.77	0.68	0.96	0.78	-0.03	0.86	0.72	0.81	0.72	-0.74	0.7	0.6	-0.41	0.71	0.81		0.43	0.45	0.89	-0.21	-0.35
Capital Surpluse	0.77	0.52	0.67	0.77	0.73	0.81	0.75	0.54	0.76	-0.16	0.69	0.83	0.8	0.81	-0.8	0.76	0.87	-0.02	0.82	0.75	0.43		0.78	0.68	0.25	-0.63
Cash And Equivalents	0.66	0.47	0.53	0.68	0.58	0.67	0.67	0.5	0.63	0.03	0.55	0.69	0.63	0.79	-0.74	0.57	0.79	-0.02	0.77	0.75	0.45	0.78		0.72	0.6	-0.29
Net Invested Capital	0.84	0.54	0.91	0.77	0.78	0.89	0.81	0.93	0.85	-0.16	0.91	0.89	0.9	0.93	-0.8	0.79	0.82	-0.26	0.91	0.87	0.89	0.68	0.72		-0.01	-0.55
Net Working Capital	-0.02	0.08	-0.24	0.14	-0.08	-0.05	0.04	-0.21	-0.05	0.41	-0.24	-0.04	-0.14	0.1	-0.25	-0.13	0.25	0.25	0.06	0.15	-0.21	0.25	0.6	-0.01		0.46
Capital Stock	-0.64	-0.35	-0.69	-0.47	-0.63	-0.7	-0.59	-0.52	-0.62	0.56	-0.71	-0.75	-0.72	-0.66	0.36	-0.71	-0.54	0.07	-0.7	-0.38	-0.35	-0.63	-0.29	-0.55	0.46

	2019	2020	2021	2022	2023	2024 (projected)
Asset Turnover	1.19	0.88	1.01	0.93	1.06	1.52
Net Debt	1.2B	763M	1.6B	5.8B	5.0B	5.3B
Total Current Liabilities	6.3B	6.3B	7.1B	11.4B	12.9B	13.5B
Non Current Liabilities Total	5.0B	7.3B	7.2B	8.7B	9.2B	9.7B
Total Assets	19.7B	22.6B	23.7B	30.3B	32.0B	33.6B
Total Current Assets	9.4B	11.9B	12.3B	14.5B	15.2B	16.0B
Total Cash From Operating Activities	3.2B	2.7B	2.3B	2.0B	4.0B	4.2B

	Return On Equity	0.19
	Return On Asset	0.0689
	Profit Margin	0.06 %
	Operating Margin	0.12 %
	Current Valuation	56.98 B
	Shares Outstanding	137.18 M
	Shares Owned By Insiders	0.39 %
	Shares Owned By Institutions	86.80 %
	Number Of Shares Shorted	1.69 M
	Price To Earning	18.70 X
	Price To Book	4.96 X
	Price To Sales	1.49 X
	Revenue	34.06 B
	Gross Profit	6.74 B
	EBITDA	1.76 B
	Net Income	840 M
	Cash And Equivalents	2.1 B
	Cash Per Share	21.02 X
	Total Debt	7.21 B
	Debt To Equity	0.91 %
	Current Ratio	1.37 X
	Book Value Per Share	75.19 X
	Cash Flow From Operations	3.97 B
	Short Ratio	2.99 X
	Earnings Per Share	15.28 X
	Price To Earnings To Growth	0.74 X
	Target Price	365.42
	Number Of Employees	75.5 K
	Beta	0.97
	Market Capitalization	51.12 B
	Total Asset	32.01 B
	Retained Earnings	17.85 B
	Working Capital	2.29 B
	Current Asset	7.95 B
	Current Liabilities	3.8 B
	Annual Yield	0.02 %
	Five Year Return	2.72 %
	Net Asset	32.01 B
	Last Dividend Paid	6.86

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

Cummins Stock Probability Of Bankruptcy

Cummins Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Cummins Probability Of Bankruptcy

Cummins Probability Of Bankruptcy Driver Correlations

Cummins Probability Of Bankruptcy Peer Comparison

Cummins Main Bankruptcy Drivers

Cummins ESG Sustainability

Cummins Fundamentals

About Cummins Fundamental Analysis

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